WHO’S AFRAID OF WARREN? POLITICO’s Jennif
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POLITICO’s Jennifer Liberto and Zachary Warmbrodt: “Republicans are deploying a new taunt to needle Democrats they say refuse to consider even modest changes to financial oversight laws: Why are you so afraid of Elizabeth Warren? It’s part of an effort by the GOP to portray Democrats as being completely inflexible when it comes to changes to the 2010 Dodd-Frank law because they are running scared from the populist wing of the party that views Warren, the most outspoken Wall Street critic in Congress, as their champion. …
“House Majority Leader Kevin McCarthy (R-Calif.) told a roomful of bankers this week that getting banking bills passed, particularly any dealing with the Consumer Financial Protection Bureau, depends on Warren’s sway over her Democratic colleagues.
“It’s [about], how powerful does Elizabeth Warren become?” he said. Democrats are scoffing at the charge and argue it’s a ham-handed attempt by Republicans to make Warren the liberal Ted Cruz”
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